Skip to main content

About your Search

20130115
20130123
SPONSOR
LANGUAGE
Search Results 0 to 49 of about 105 (some duplicates have been removed)
FOX Business
Jan 21, 2013 4:00pm EST
you just credit the american economy and its resilience and its ability to come back from the dumps? >> yeah, well, it is a little bit of all of that. we will never know how it would have worked out if there had been a different president of the united states. but you do know that the federal reserve has been quite instrumental here in pushing rates to historically low levels, flooding the economy with money, and chasing people into risk assets with the idea that that would create a sense of wealth, and therefore spending, and that is to a degree working. and the other side is that the american economy is tremendously resilient. so we are on a path to recovery. there are some head winds that are enduring. we're growing about half what we would like to grow at, but we are in a recovery, and i expect that 2013 will look a lot like 2012, 2% kind of growth which is not terrible, not great, but good enough. >> it feels like we're running on a treadmill. we're in the same exact spot and we keep running and running and getting nowhere. so jim, my question -- or peter, i should say, let's b
FOX Business
Jan 22, 2013 9:00pm EST
world economy more green. that's $14 trillion. joining me now, the heritage foundation who focuses on energy, environmental regulatory issues. i have to tell you, you have to hear what they say. the former mexican president talking about the goal here. economic growth and sustainability are interdependent. you cannot have one without the other. what do you say? >> well, if that is the case what we need to subsidize it with taxpayer dollars? if this is such a profitable idea, if the green energy market is a multitrillion-dollar economy, then let the ceos and venture-capital this figure that out. while this been a your money in my money? it makes economic sense. this culture of promoting these ideas with government capitol only creates government welfare or corporate welfare and creates corporate dependence. gerri: companies that fail as we talked about some many times in the show. whether you're talking about solyndra or a number of others that our government financed. you would think that maybe these are just wacked-out the trees coming of the wild ideas. and back, this green growth a
FOX Business
Jan 16, 2013 4:00pm EST
over in europe. germany seeing a contraction in their economy. whether or not it is a recession still a little too early to say. as a result of what is happening in europe these stocks are down. gm was down over 4% today, big loss for the car companies because of europe. liz: and two vix etfs, volatility exchange traded funds, hitting new 52-week highs. even though the volatility index continues to tumble. what you see are two where you can make bearish bets on the vix, that would make sense, right? xiv, as you see. we've got them moving higher today. david: the battle over the debt ceiling and paying the bills that d.c. is racking up continues. representative jerry nadler, happens to be my representative, he is looking to stop future fights. he has introduced legislation to end the debt ceiling debate by getting rid of the debt ceiling all together. but would that give too much power to the president? that is the argument. that is the debate. we'll take you and jerry nadler there coming up. liz: germany's central bank pulling some of its gold out of new york and paris. we have somebo
FOX Business
Jan 21, 2013 3:00pm EST
the japanese economy. cheryl: i mean it's almost a currency war, if you will. i mean they are getting into a very crowded space, and with the pressure that we have seen in particular on the dollar, over the last two years, i mean, i'm wondering what that means for us. >> absolutely. they are starting to step on the toes of the fed. you know, the fed has been really priming the pump here, printing money, printing money in efforts to keep the dollar as weak as possible in this risk off type scenario market. so now some of these other central banks are now starting to fight back a bit, and the bank of japan has probably been the most aggressive in doing so with some of the easing that they have already done. cheryl: do you think they will do more easing? is that what you think is going to be the headline here? >> we have pretty much baked into the cake that they will be raising the inflation target to 2% from 1%. they are probably going to extend their asset purchases. they're really talking about different measures to dramatically weaken it. cheryl: there are other countries inv
FOX Business
Jan 18, 2013 11:00am EST
be focused on making money in the economy and corporate profits are healthy enough to do that. joining us now, start with this. why can you possibly say don't worry about washington because long-term interest rates go up, stocks will not be undervalued, they will not be cheap and that could hurt the stock market. >> this is a great point you are making, but we put, believe it or not, a 5% 10-year treasury yield into our stock market model. we are assuming interest rates soar from here. and stocks are still undervalued today. we can take a lot higher long-term interest rates put my real point about this is if we go back a few years, the first fiscal cliff, the 2010 tax cuts were going to end. the first debate over the downgrade. all of those things happened, and yet the market kept going up. same with the fiscal cliff this time, and i believe people are overly concerned about a lot of the things that are happening around the world. the economy continues to grow, the stock market is really cheap, and that is what investors should focus on. if you go back to march of 2009, that w
FOX Business
Jan 23, 2013 12:00am EST
strategy and the outcome for both the market and the economy. don't go anywhere. more "money" coming up. ♪ officemax can help you drive supply costs down... and down. use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. girl: don't look at me. second girl: your hair's a bit frizzy today. aw! ha ha! you should pick that up. announcer: every day, kids witness bullying. poor you. ha ha! they want to help but don't know how. teach your kids how to be more than a bystander. visit stopbullying.gov. lori: all right. back to business in washington now republicans hold a big vote to whether or not to extend the debt limit until may. if congress doesn't pass a budget by april 15th they no longer get paid! i have no problem with that. our panel is here with their take on the strategy. we have our favorite economist, peter morici. the always amazing scott martin, chief market strategist with united advisors and former democratic congressman and brand new fox news contributor. dennis kucinic
FOX Business
Jan 16, 2013 12:00am EST
our economy grow. the one silver bullet in deficit reduction is economic growth. we need to get out of this circle we're in right now and start talking about growth. how we start moving the economy forward because we'll never get out of the hole otherwise. melissa: stephen, that is a great point. do you move the economy forward and grow by raising taxes, do you think. >> president obama at one point believed we do not. he argued in twine and 2010 you would hurt economic growth if you raised taxes at time the economy was struggling. that is what he argued at time. melissa: what do you think, steven. raising taxes grows the economy or -- >> no, it does not grow the economy. we have to be serious how much the president contributed to overall debt picture. $6 trillion since he came to office. nearly $20,000 per united states citizen has been added since president obama came into office. so just silly to argue he hasn't contributed. melissa: blame game gets us nowhere because everybody contributed to it. god it is a mess and we have to fix it. when you hear people like nancy pelosi sayin
FOX Business
Jan 22, 2013 11:00pm EST
of money it spends, the amounts of money meddles in the world economy, and to the degree of which all of the spending and meddling is not paid for out of current income -- neil: doesn't make a great captivating speech. there's no war on this. right to point out television animal opportunity miss the. what struck me more was to do that, he had to sense that republicans didn't have the power or organization to challenge it. by not mentioning it, and by the media then correcting conservatives who dare condemn that deletion from the president's speech, he feels that it's the wind that hid that and not at republicans for reigning in that spending. >> well, and i think so, and this is where speaker boehner has the perfect opportunity to change the narrative by forcing everything through regular legislative order. you control what goes to the floor. don't reauthorize programs. i would love to have the nation debate the question, should we not reauthorize americorp or cut the marine come. they'll ask what's americorp? what's it do? the speaker can start the process if he has the disciplin
FOX Business
Jan 16, 2013 1:00pm EST
united states doesn't have a lot of influence on the economy, but the tax hike on the working men and women, 120 million people, that 2% payroll tax is a killer, and that is all consumption of some. people spend the mone money thet have it, they reach into savings. that was a mistake, it was bad policy. i took growth down in the u.s. by half a point. lori: and you are telling us the economy has all the potential to break out. how much o ahead when will this fiscal policy have? is there any way to recoup it? any offsetting factor? >> unless washington changes its behavior. which is not likely. then the answer is no. we have this gradual recovery. it looks all right over time, has good pieces to it, energy, housing, the banking sector actually may be getting better. lori: must be a mistake on our washington leaders, what if they can achieve a grand bargain, get entitlement reform and we can sustain this debt to gdp level for the time being we can get to underlining measures. >> it would be a glorious outcome. lori: are you optimistic at all it will happen? >> i would like it to happ
FOX Business
Jan 20, 2013 8:30am EST
one for one correlation. in the tough economy-- >> but the union job growth muc >> i'm going to stick to topic, but i don't want people to think because it's a right to work state. i'm telling you, it's not. and for a guy that's been at a couple of protests and strikes, my dad was a union guy i'm a big supporter of unions, particularly private sector unions, not public sector unions. >>eil: that's the point on the message, is why we have a stark correlation between non-- nonunion factory jobs growing, and union factory jobs. >> in a tough economy those jobs pay more than the $3 an hour you get when you're a nonunion worker and those jobs get cut first. >> neil: adam, what do you think of that. >> well, i don't think it's any shocker, first of all, that as we've already been saying that there's been a shift. this shift has been going on for a long time. and we could, at some point we'll stick a fork in the unions because clearly, they're dwindling. having said that, there's also no shock that these organizations are going to act in their self-interest. we could do whole shows on
FOX Business
Jan 20, 2013 11:00pm EST
. lou: the obama economy in tonight's "chalk talk" we take a look at the obama economic failure. anti-gun advocate started as seven democrat, and day distort his campaign ad. he supports the second amendment steven haze of the weekly standard, a former bush special assistant to next. ♪ ♪ lou: vice-president biden called his meeting with the national rifle association last week productive, but they have -- they don't see it that way. representative jeff baker says he was only given five minutes to present the nra concerns. baker says that when he mentioned the need to fully enforce existing gun laws the vice-president said tis, we simply don't have the time or manpower to prosecute everybody lies on the form, checks the wrong box or answers a question and accurately. virginia state lawmaker choosing what was probably one of the most asinine ways he could have to make a point about gun-control. delegate john morrissey saying the viejo gun laws are too lax. he pulled out an ak-47 on the floor of the state house yesterday. watch him. >> i brought an ak-47 with me. here it is. po
FOX Business
Jan 15, 2013 3:00pm EST
of a struggle, and i think it's all about the guidance going forward. you know, the economy, you know, two steps forward, one step back, and corporate america can't carry the water. it will be difficult for the market, and priced pretty much to perfection at the current level with popular averages, not leaving room for disappointment. liz: hate one step forward, two back -- >> no, the other way. liz: either way, not moving fast. is that at a decent clip? >> actually, that's something we talked about last week on the show, and what we're looking at, again, south africa, right now, the mining situation is getting worse and worse, and -- liz: labor issues? >> the strikes, strikes, labor issues, and a threat that some of the major companies are shutting down the mines until they resolve this. we'll have a shortage in these areas, and, also, seeing platinum taking a bit of a piggy back ride up. it's at the 1680s mirroring where gold is now. silver is joining along for the ride. we're seeing a lot happening with the precious metals. liz: platinum is higher than gold for the first time
FOX Business
Jan 22, 2013 12:00am EST
as to save the economy. are you happy with how things are going? or power panel is here with what should be happening. for all you brides and grooms to my being the case of cold feet, don't despair. a new company lets you buy and sell your wedding. all you have to worry about is the person elected the altar. the woman behind this new business, even when they say it's not, it's always about "money." all right. we start with the first to announce plans on how exactly it hopes to pay for obamacare. a little bit surprising. republican arizona governor says that the tax increase interstate is the answer. the governor proposing a new hospital provided tax, and this is on topple all the taxes we were just three weeks ago. a number of experts and even some hospitals are on board with the governor's new tax hike. with me now is one of them. from the university of arizona public health policy and management professor. welcome to the show. do you think this is a good idea? >> good evening. i think that for arizona this is a very novel and innovative approach to solving a particularly difficu
FOX Business
Jan 17, 2013 4:00pm EST
about this proposal and the economy in general. and about the market. let's start with the news, the market had a great day today. the s&p 500 close to or at a five-year high right now. why is the market doing so well even though the economy is still kind of in a slow move? >> david, nobody can explain the day-to-day moves in the market anmatter how hard we try. the market discounts well in advance of what we mere morals are able to do for my day-to-day. other days you're not sure why. i would be hazarding a guess, i don't know why. david: a lot of people have speculated about this from the "wall street journal" and others that it is the contention in the specific intention of the federal reserve over the past year or so to pump up the market. is that true? >> certainly this is in effect have a much lower interest rates. you can do the math, historically low rates for corporations in america public or private, large or small. medium-sized. have a very small balance sheets, redoing the balance sheet, reposition their debt at much lower prices. it'd just get some clarity as you know, a
FOX Business
Jan 18, 2013 7:00pm EST
continue. stay with us. lou: the obama economy in tonight's "chalk talk" we take a look at the obama economic failure. anti-gun advocate started as seven democrat, and day distort his campaign ad. he supports the second amendment steven haze of the weekly standard, a former bush special assistant to next. ♪ have given way to sleeping. tossing and turning where sleepless nights yield to restful sleep. and lunesta®(eszopiclone) can help you get there. like it has for so many people before. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving, or engaging in other activities while asleep, without remembering it the next day, have been reported. lunesta should not be taken together with alcohol. abnormal behaviors may include aggressiveness, agitation, hallucinations, or confusion. in depressed patients, worsening of depression, including risk of suicide, may occur. alcohol may increase these risks. allergic reactions such as tongue or throat swelling occur rarely and may be fatal. side effects may include unpleasant taste, headach
FOX Business
Jan 23, 2013 9:20am EST
aging population, a serious drain on the company's economy. frequent "varney & company" guest summed up japan's predicament in an interesting way, listen to this. >> you can see anecdotally they sell more adult diaper products than infant. stuart: is that true? >> yes, it is. stuart: wow, indeed. that's the dire situation in japan. contrast that with the united states. our proportion of old people far, far lower than japan, and lower than europe, too. a big part of that is because of immigran immigrants. now this, the former head of the head of the city teacher's union, that was years ago, she is, however, randy weingarten, now the head of the federation of teachers which is a part of the afl-cio and joins us in the next hour, and topic number one, the six-figure payout. we follow microsoft on this program, i own some of that stuff and we talked to an executive who had the ear of bill gates, he says microsoft chief steve ballmer has to go. also coming up, big news i should say from two names you know, google and ibm, we're following both of them at the opening bell. may, everybody, chee
FOX Business
Jan 18, 2013 9:20am EST
time when the economy was i'm going to say, adding. there could be some dramatic exchanges, how often insiders says there had to be embarrassing stuff in there. if there wasn't these documents wouldn't be released. peter barnes and the rest of the d.c. team sifting through the paperwork looking for a headline and if they find something worth reporting we will bring it to you. it will take time to go through them but we are doing it. check the big board. we are about 13,600 on the dow with a 12 point gain at this moment and here is the company friday morning as usual, fox news contributing and best-selling author monica crowley is here, charles payne is back and nicole petallides on the floor of the new york stock exchange. apple stock still dancing around 500? nicole: they and around 500. why not 700 where it was in september? when everybody was saying 800? 1,000? showing endlessly higher and didn't do that. $500.50. stuart: what are are those people? with a $1,000 stock remember. nicole: hiding under a rock. talk about research in motion coming orca until the end of january. th
FOX Business
Jan 18, 2013 3:00pm EST
standard for the rest of the earnings season and what we do for the economy in the next two quarters. liz: and andrew, you could say -- what are you looking at as a trader going into what could be a little bit of a rocky february? we have half of january left or a little under that. what do you think? >> yeah, as we talk about the vix, the vix has not been up one day in all of january, already at january 18th, the vix futures have not been up one day. the market seems like it wants to go higher. i trade a lot with price action and price momentum, it seems like 1500 if not 1525 is in the cards very very soon. nothing is derailing us. we had bank earnings. morgan stanley, goldman sachs trading at 52 week highs. we had a bit of sell off in wells fargo and also jpmorgan. it is very stock specific. we saw intel down as well. next week, i'm looking at big cap technology stocks, earnings from apple and google -- liz: yeah, how about that. >> that's going to be important. liz: down again about 3/4 of a percent. i mean really? this is 11 month lows here andrew. >> if you look at apple, when i
FOX Business
Jan 14, 2013 11:00pm EST
, 2009 until 2010. 8% growth in the last five years, which is more than twice as fast as our economy has been growing and by every indicator, the green energy sector is growing. neil: i don't know a lot infatuation, but i know the frustration. >> i think they have probably realized that the green movement is kind of a boring activism. what they should be covering and don't really want attention to would be something like solynda that they called the phony scandal. they don't want to address that. this is a way for them to say we are shifting around for various reasons. i don't think they wanted to cover the real news which the scan was solynda and then they went under. the whole thing was just a disaster. the other stuff is boring activism and others want to let go. >> okay, it has become mainstream. >> "the new york times" this week is facing something like the numbers on 30 or more layoffs. so put this in a separate category to a broader question under obama. we have come to talk about this stuff of 5 million green jobs and international treaties. it's hard to do any of that. so you're
FOX Business
Jan 19, 2013 12:00am EST
complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ . melissa: so you know that the flu rout break is gripping the entire country. cities and states declare health emergencies. more than 200,000 people were hospitalized with the flu every year. believe it or not the flu costs our economy $87 billion. i don't know about you but regardless of all the medicine and remedies and germ sanitizers available it still seems like everyone i know is either out with the flu or they're panicked about getting it. makes me wonder if we need to take a step back, take a deep breath and ask of all the money we're spending is just going down the drain? with me is dr. sreedhar potarazu. head of vital spring technologies. dr. p, welcome back to the show. >> thank you for having me back. melissa: stop the purell madness. i'm surrounded by it here on the set because we
FOX Business
Jan 21, 2013 6:00pm EST
second term be filled with more accomplished in the first? a look at the sluggish obama economy next. it's a new day. if your a man with low testosterone, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side effects include skin redness or irritation where app
FOX Business
Jan 17, 2013 9:20am EST
only way to get the local economies going and that would be to change their taxes? >> well, i would tell you, charles, we have all looked at the economy that we're competing in, which is worldwide, and we know we need to be more tax competitive. i want to create more jobs in this state, our state, for citizens and higher paying jobs and the way to do that is to have lower income tax rates and corporate rates and in our particular case, i'm proposing the complete elimination of the income tax and the corporate tax rate. we do that by repealing some of the sales tax exemptions that we've granted over the years, we need a modern, simpler and fairer tax code. charles: i'm going to get to the fair issue in a moment, governor. but the basic premise that somehow this will spark the economy, obviously everyone doesn't believe that or that would be the program now. why would someone in your state who is worried about this, how do you convince him that this will indeed help the overall economy? >> well, i'm going to talk to him about the fact if you're working in nebraska now, all of a sudden
FOX Business
Jan 17, 2013 1:00pm EST
the economy and of course that is of great interest for the europeans who import from algeria. melissa: why attack in algeria for what is happening in molly? you can see they are neighbors, but why would this be the best way to make a statement, do you think? >> algeria has opened its airspace between friends in the north and the train into mali. it aided france in attacking al qaeda in mali. this is a lesson, a revenge against algeria to stop them from along the french across into mali. melissa: what is our role, what is the proper response for us? there are americans involved among the hostages, we have a drone overhead but it is limited given the algerian military is on-site. what can america do and what should we do? >> that is things we cannot talk about what the government will not talk about. obviously a special mission is being prepared that would emerge if they're executed, but let's be clear, the lead is the algerians. they are on the ground surrounding the flight. some hostages have been killed, others have been freed, but very delicate and difficult situation. the
FOX Business
Jan 15, 2013 1:00pm EST
sales today, housing has been improving, what is the likelihood the u.s. economy could have a stronger here than economists were expecting? >> and excellent question. i think the risks are just as good on the outside or they are on the downside. there is a lot of growing momentum in the u.s. economy. all of this in then you have the energy boom in the whole shale thing helping in that industry and related industries. there are a lot of bright spots in the u.s. you know, the guys in washington do not mock it up, we have a good shot. melissa: we have breaking news right now. i want to point you to the shares of facebook. down $0.60. that is good for almost 2%. we have this meeting going on right now. it is a major reversal for the stock. we are trying to get more details out of this meeting. we will have rob enderle on at the end to talk about it. shibani: i am following a couple of live logs on the event. the three pillars of facebook. when he unveiled today is his 23 pillar which is being called graph search. it is a graphical search. it is not a web search. that is one of the
FOX Business
Jan 21, 2013 11:00pm EST
sometimes seem to think they do, they should resist and do the best they can without harming the economy. lou: with a brighter communication and messaging strategy, that would be helpful to the gop. the opposition as much in need these days. thank you very much for being here. that is it for us tonight. we thank you for being with us. please be with us tomorrow night. goododod night from new york. neil: welcome, everybody. i am neil cavuto sitting before what was the parade route and what was a very busy stand with the most powerful people on the planet behind that class and behind that building that is going to be taken down. pie by piece over the next 24 hours. where i am sitting in that building that was in view, the president and e vice president and their families were sitting there. it will be dismantled from scratch. there is no warehouse where they can put this stuff up. this day we commemorate the president starting his second term. a president who started with a pretty in-your-face agenda, be that as it may, if you thought that the president was going to slow down on some gover
FOX Business
Jan 17, 2013 11:00pm EST
, tax spends side of the economy not production company. neil: what bobby dwind els gends doing -- is doing, is that regressive? >> well there is that argument, but the problem is you cannot collect an income tax in the global economy that we're in today, the big corporations, simply hire lobbyists and lawyers. neil: tax out of woodwork. >> only thing we can tax is sales retail at point of sales. >> would it inhibbive sales. >> sure but we didn't spend our way to prosperity. neil: you are not saying either or. >> that is one. neil: but you would not be -- replace the federal income tax with the consumetion tax. >> i would like replace payroll tax with the consumption tax, because, the payroll tax is what is killing jobs. neil: you know low that goes. once you get a tax going it goes up and up. >> that relates to other side, social chunks is insurance is s there are no trust funds just confetti paper we'll have to lefto taxpayers some day, social insurance is a huge myth. i would means fest it, cuts by a couple00 billion, i would reduce the number of people who are av and reduce that n
FOX Business
Jan 22, 2013 4:00pm EST
looking to the folks inside washington, just a better growth for the general economy or what? >> i think mainly it's the growth in the economy. and, you know, just getting those positive indicators going. it does feel like the economy's got it footing. as long as washington doesn't derail it here, i think we'll have a decent year. david: why do you think the economy isn't growing better or? how much should it be growing right now as opposed to 2%? >> i think it'd be nice to see it up at 3, 4%. but i think realistically 3% would be nice. i think it's all to do with uncertainty coming out of washington. the reality is if we could just get that -- corporations have so much money on their balance sheets, retail investors are in such risk-free assets, just give us some -- let this get a little momentum, and i think the market will look after itself. lauren: fred, you've been ceo since october of 2008. you saw the crisis, you saw the recovery. are we in the new normal? is that a word that we should just accept and things are different now, we're going to have this slow growth? >> i think
FOX Business
Jan 21, 2013 9:20am EST
? like that. thank you for coming on fox and making things understandable when it comes to the economy. thank you, we appreciate it. and this from john, i dvr your show every day, like your range of topics and style and we like the company. thank you. and grant, he's made an investment in fox business just for "varney & company." quote, i had to pay $10 per month more for my dish tv service to get fox business news. well worth it. even on a fixed income. thank you, grant. he we appreciate that. we'll read your comments throughout the show today and play you some favorite memories what we were doing the last three years, like this. my pen just disintegrated. [laughter] and don't know how that happened. and it just collapsed in my very hand here, i'm penless. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spi
FOX Business
Jan 22, 2013 5:00pm EST
market and the economy. don't go anywhere. more "money" coming up. ♪ twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares re, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. lori: all right. back to business in washington now republicans hold a big vote to whether or not to extend the debt limit until may. if congress doesn't pass a budget by april 15th they no longer get paid! i have no problem with that. our panel is here with their take on the strategy. we have our favorite economist, peter morici. the always amazing scott martin, chief market strategist with united advisors and former democratic congressman and brand new fox news contributor. denn
FOX Business
Jan 19, 2013 6:00pm EST
because of economy, somehow cutting yourself down to two presidential balls doesn't exactly strike me as sacrifice, as much as a slap in the taxpayer's face. to joe perry, marco and chris. not exactly partying. more like watching and worrying. what do you make of what is going on, joe? >> really what has happened is the administration has brought back the specter of uncertainty. we're in the trenches. we're lending money. banks like gold coast really look to help small businesses out, help them realize their dreams. help them have their businesses grow and what the administration has done with the tax hikes that will affect these small businesses, they have essentially --. neil: have you seen that? >> put a damper, yes. i must speak to at least close to the 100 small businessmen each and every day week -- every week. we're out in the trenches. we're seeing it. talking about it, seeing it. touching it. we're not like the generals in washington --. neil: you're on the field? >> we're on the field like macarthur, like patton. hearing, hearing their dreams, aspirations. neil: you know what w
FOX Business
Jan 15, 2013 6:00pm EST
economic fallout, moody's chief economist. all right. if they do this, what happens to the economy, the stock market? >> well, i would think that financial markets have had enough warning of a possible downgrade of the u.s. aaa credit rating by an agency other than s&p, and thus perhaps it would not have that damaging impact. the downgrade was not especially g. that being said there will be a negative psychological shock that will temporarily send share prices sharply lower, but provided that policymakers in washington could reassure markets that washington is going to do more to stabilize the budget. maybe that -- gerri: it makes into the pipe. they did it -- did not to say there are going to downgraded if we did not like the debt ceiling prices go away. they also said the current outlook is likely to be resolved even if another debt ceiling crisis is averted. they want to see spending cut. now, do you think that the markets would go to town if there was some big deal on spending? >> i think if substantial progress was made at kirby expenditures over time so that this threat of a data
FOX Business
Jan 20, 2013 8:00am EST
do? get rid of the nation's debt limits. they say it's keeping the economy down. but won't getting rid of it just push the economy down even more? hi, everyone, i'm brenda buttner, this is bulls and bears and let's get right to it. the bulls and bears this week, gary b smith, jonas max ferris and along with todd schoenburger. >> gary get rid of the debt ceiling best or worst thing for the economy? >> it's absolutely the worst thing, brenda. the left likes to say, well, you know, ronald reagan raised the debt limit 18 times, george bush raised it 7 times, bill clinton raised it 8 times. so, you know, both sides do it so it must be okay, and from the perspective of fair and balanced, it has to stop no matter who is president. we go through the same cycle, we raise the debt limit, spend more,en gout and borrow more, and raise the debt limit again and it looks like it's unstoppable, but this is the check and balance of how to govern our society. we can't afford the bills we have now to pay. someone has to say, no, spend what you have and let's move on. >> brenda: you know, it doesn't r
FOX Business
Jan 18, 2013 4:00pm EST
we're not -- we're going to jeopardize the economy of the united states and frankly even the world by not paying the bills that have already been incurred is absolutely -- [talking over to each other] david: you were willing to bring us to that brink in 02, 04, and 06. >> no i wasn't. david: you voted in favor of keeping the debt limit ceiling right where it was, that was the same kind of danger in going over into that default mode, no? >> it wasn't because that was a kind of protest vote knowing very full well that this was going to pass. are we seriously going to not let president bush pay for the debts that had been incurred? i absolutely would have voted in favor of raising the debt ceiling. david: final question about spending because i'm getting a wrap here. >> sure. david: we had in 2008 we had spending level of about 3 trillion dollars. in 2009 that ballooned up about 20% to about 3 1/2 trillion dollars. now, a lot of that was because of the stimulus program, which was part bush and part president obama. but then we remained at that level for the next four years. 2012, 3.5 tri
FOX Business
Jan 19, 2013 9:00pm EST
local level consumes one-third more of the economy in california and texas. said one-third of the nation beaufort one negative 11 negative welfare recipients are in california all there 1/8 of the population. everything. john: a percentage of households receiving public assistance is much higher in california and lower than average in texas. that means that you start the pork people. >> 42% lower cost of living in texas and california. u.s. census bureau has been criticized over 20 years for not taking into account the cost of living that different states with housing and food and clothing. john: there was the old poverty rate measure were texas lost 16 percent of the people in california were in poverty, of 17 percent in texas but now it includes the cost of living. >> and government benefits. with this new measure would week after the election news see the state with the highest poverty rate in the nation is california even higher than the district of columbia. that should be a warning to progressives who maintain the big government model is the path of to prosperity. we argue i
FOX Business
Jan 20, 2013 8:00pm EST
. stay with us. lou: the obama economy in tonight's "chalk talk" we take a look at the obama economic failure. anti-gun advocate started as seven democrat, and day distort his campaign ad. he supports the second amendment steven haze of the weekly standard, a former bush special assistant to next. ♪ [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or tur
FOX Business
Jan 19, 2013 5:00am EST
negative impact on the economy. the senate that we can beat this debt the better it's going to be for everybody. gerri: last word. tell me, are drones enough to take care of this problem? >> the bottom line, but we have to learn is that we cannot afford billiard. terrorists love a vacuum, and wherever it develops kamal to leave, to pose a threat to the united states. next year it could be afghanistan. we have to be on guard. gerri: thank you for coming on. great job. you guys really explained it all. thank you. >> thanks. gerri: if you're fired up about this or any of the issues, a drop me an e-mail. >> coming up on "the willis report," unemployment is higher. could it be because he has gone awful year without meeting with his jobs council? we tackle this and more house republicans finally unveil their new debt ceiling deal. we examine the good combat command ugly with americans for tax reform president grover norquist later. one ohio teacher said she has a crippling fear of being children, but is still being forced to work with them. she says it is discrimination. we have to ask our
FOX Business
Jan 21, 2013 10:00pm EST
joining us here next with the answers. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ♪ lou: president obama taking the oath of office on 2 miles today, the first used by president abraham lincoln. the other belonged into martin luther king jr. my next guests is the choice of only underscores the presence legacy as the fst black president but can be read the logical. joining us now, professor of american religion at boston university, author of the american bible, how our words unite, the high command and it is great to have you here. >> thank you for having me. lou: your reaction to the rhetoric. i was talking about this earlier just a couple of experts, if i may. we have never relinquished, he said, our skepticism of central authority. if we could put this up to just show what we're reading. we have never relinquished our skepticism of central authority, nor have we succumbed to the fiction hat all society's ills can be cured through government alone. he also -- i just found that stunning. first of all, who
FOX Business
Jan 16, 2013 10:00pm EST
poll looking at the deficit and the economy and unemployment is far more important. public policy in washington. the president is going after our guns, unveiling the most sweeping set of gun-control proposals and nearly two decades here is this moments. the reson that there is so for the second amendment to prevail despite his assault. the decade-long assault weapons ban, which ran from 1994, it did not work. 1994 was a different year, by the way, then this year, 2013. and the political conditions are quite different because the reality of america is quite different. it is important to look back and think about the fact that in '94, the house, the senate, and the white house were all controlled by democrats. today republicans control just the house as the president likes to constantly remind us. back then president clinton pushed the assault weapons ban as part of a broader crime bill. it was not just an imperious and grabbed, but it was an important piece of legislation, and it was a different time. despite the prosperity, the amican public was i refer action on crime in 1994, and t
Search Results 0 to 49 of about 105 (some duplicates have been removed)